International Journal of Academic Research and Development

International Journal of Academic Research and Development


International Journal of Academic Research and Development
International Journal of Academic Research and Development
Vol. 2, Issue 5 (2017)

Aspects of major changes in agriculture sector in Indian economy in post liberalisation era


Sarvesh Singh

Agriculture has been considered as backbone of Indian economy. Today, India ranks second in worldwide output. The economic contribution of agriculture to India's GDP has steadily been declining with the country's broad-based economic growth. Agriculture plays a vital role in the overall socio-economic fabric of India. Our Country has made progress in agriculture but productivity of our major agricultural crops is very low in Comparison to other countries' India has a very high share of labour (55%) with lesser contribution to farm mechanisation (40%) India makes farming less remunerative and leads to farmers poverty. While USA (2.5%) and Western Europe (3.9%) has very low share of labour in comparison to 95 percent share of mechanization.
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How to cite this article:
Sarvesh Singh. Aspects of major changes in agriculture sector in Indian economy in post liberalisation era. International Journal of Academic Research and Development, Volume 2, Issue 5, 2017, Pages 449-450
International Journal of Academic Research and Development International Journal of Academic Research and Development